Browsing Category
Economy
1085 posts
CBN retains interest rate at 27%
The Monetary Policy Committee (MPC), of the Central Bank of Nigeria (CBN) has retained the country’s headline lending…
Cardoso seeks collaboration for stronger African credit system
The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has called for collaboration to build…
Nigerians raise concern over growing debt amid improved revenue claims
Many Nigerians have continued to raise concern over the Federal Government’s borrowing spree in spite of claims that…
Banks rake in over N2.4trn profit in Q3, as customers deposits rise
Six banks have posted more than N2.4 trillion as Profit After Tax (PAT) for nine months ended September…
CBN refutes misrepresentation on oil sector FX use
By Tochukwu Bliss, Abuja The Central Bank of Nigeria (CBN) has refuted some misrepresentation in a media report…
CBN cheers Nigeria’s removal from FATF Grey List
By Tochukwu Bliss, Abuja The Central Bank of Nigeria (CBN) has welcomed the Financial Action Task Force’s (FATF)…
FG eyes public-private partnership to drive agrifood systems
The federal government says a strategic and robust public-private collaboration will drive increased production and innovation in agrifood…
Cardoso sees further stability, deceleration of Nigeria’s headline inflation
By Tochukwu Bliss, Abuja The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has expressed optimism that the…
CBN, Bank of Angola sign MoU on technical cooperation
By Stanley Onyeka, Lagos In an effort to enhance bilateral cooperation and technical exchange, the Central Bank of…
Strong institutions, sound policies crucial to economic growth – IMF
The International Monetary Fund (IMF) says strong institutions and policies are crucial to economic growth. The Managing Director…